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Last week, Dallas Cowboys Owner/General Manager Jerry Jones reported that outside linebacker Anthony Spencer would receive the franchise tag. However, sources close to the situation are saying newly hired assistant GM Jay Drylie has advised Jones to allow the former first round pick to hit the free agency market.

When asked, Drylie responded, "We want Anthony back. He is in our long term plans. We'll just have to see how the offseason plays out."

Spencer, who has amassed 21.5 sacks in his five year career, was slatted to make nearly nine million dollars under the franchise tag. But as an unrestricted free agent, Spencer could now get a deal resembling the six year, $42 million contract signed by Paul Pozlusny last year.

Originally posted by SolidGold

Bortlezzzzzzz

Originally posted by Monomach

Brilliant letting one of Scott Pioli's henchmen have his own team to ruin. †One of the premier GM jobs in the NFL and it gets handed to a stupid **** who makes three facepalm moves for every good one. †Awesome. †Just like handing a new Mercedes to a 16 year old girl who's already been in three wrecks.†

The team could have tendered him at the highest level allowed via restricted free agency for a drastically reduced cost, but it would only have taken one first round pick for another team to sign Wallace and the Steelers weren't willing to take that chance. The franchise tender for WRs is in the $10 million range.

The Steelers additionally announced that they will be tendering all of their restricted free agents at the original round tender. This list includes S Ryan Mundy, CB Keenan Lewis and OL Ramon Foster.

The Broncos have announced three cuts today, further increasing their already immense cap space.

Most notable amongst the cuts is former first round pick Knowshon Moreno. Moreno struggled as a hesitant runner who didn't hit the holes very hard, and missed much of 2011 due to injury. A drunk driving arrest to start the offseason was the final straw.

Also released were veterans Ty Warren and Andre Goodman.

In all, the Broncos will save around $9 million towards their 2012 cap number.

The Packers have decided to apply the Franchise Tag to TE Jermichael Finley. Finley, though a bit inconsistent and often struggles with drops, would have easily been the top TE on the free agent market. He will remain a member of the Packers potent offense for at least another year.

To make some room for Finley's $6 million franchise tender for his position, the Packers have made several cuts.

Long time veterans Donald Driver and Chad Clifton were the first to go, as was LB AJ Hawk. Hawk is notable in that he was just resigned a year ago, but underperformed in 2011.

These cuts will save the Packers around $14 million in additional cap room.

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For much of the past decade, the Redskins were one of the biggest players in free agency. Years of this left them with stuck in cap hell more often than not. However, improved roster management the last few season has found the Redskins in great shape.

They improved their standing even further with the announcement of five cuts today.

FB Mike Sellers, WR Santana Moss, OT Jamaal Brown, S Reed Doughty and S OJ Atogwe were all released by the team. These moves save the team around $16 million in additional cap space.

Brown and Atogwe are likely the largest surprises of the group. Atogwe in particular was just signed last offseason.

It appears that the Redskins are building up something huge for this offseason. Whether or not they'll be able to attract the free agents they want remains to be seen.

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In a move that surprises no one, the New Orleans Saints have applied the franchise tag to record setting QB Drew Brees. Both sides would obviously like to work out a long term deal, but one could not be reached before the free agent signing period began.

The one year tender for QBs will be around $16 million.

In order to clear cap space to make this move, the Saints have released two veteran defenders: S Roman Harper and DE Will Smith.

These cuts will save the Saints a combined $14 million in cap space, nearly making up what was lost when they franchised Brees.

The Saints have a number of other free agents they would surely like back, including Carl Nicks, Marques Colston and Robert Meachem, Whether or not they have the space to make it happen remains to be seen, as all of those players are expected to be receive top quality offers on the market.

*Update - The Saints have also released LB Scott Shanle, saving another $2 million in cap space.

The release of these 4 players saves the Colts $5 million towards their cap number.

Rumors are also abound that the team is considering the release of DE Dwight Freeney after they were unable to reach a restructured deal with him. The move would save the Colts a massive $14 million. More on this sure to come.

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And now the move is official. The Colts have released long time pass rusher Dwight Freeney.

Like most of the Colts players, Freeney had a down year in 2011. Couple that with his age (32), reported unwillingness to convert to OLB in the Colts new 3-4 scheme and his huge salary cap number, cutting him was justified.

The Colts save $14 million towards their 2012 cap number with this move. Freeney will likely be a highly prized free agent to a number of other teams, joining his former teammate Robert Mathis as the top pash rushers in the class behind Mario Willliams.

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In the first day of free agency, the Redskins front office has announced the release of Santana Moss, Jammal Brown, OJ Atogwe, Reed Doughty, and Mike Sellers. Reed Doughty and Mike Sellers were expected casualties. However, Moss, Brown, and Atogwe could be considered surprises by many fans. There have been no official comments released by Coach Mike Shanahan or GM Bruce Allen, but it is assumed that these releases are based on a combination of injury, age, and performance compared to compensation.

What is known, is that the Redskins have turned full attention towards free agent quarterback, Peyton Manning. For years, the Redskins organization has been void of a true franchise quarterback. Coach Shanahan and Bruce Allen are confident that Peyton can lay down a cornerstone and be part of returning the Redskins to greatness. There is no better or more appreciative city in which to be champion.

In only a few seasons as GM, Bruce Allen has brought a new approach to roster management and has put the Redskins in a position to be aggressive in free agency. The Redskins know that they need to add playmakers and additional protection to the offense in order to support Peyton and are fortunate to have the ability and cap space to make the necessary moves. The Redskins believe that franchising Fred Davis is the first step towards showing Peyton that they are willing to do what needs to be done in order to bring him to Washington.

Coach Shanahan and Bruce Allen aren't the only ones who see Peyton in Washington. Recently former Quarterback Steve Young quoted, ‘«£I think it becomes a coach-quarterback relationship. It‘«÷s gonna be somebody [like] a Mike Shanahan. You look at those guys around that really understand quarterbacks, they‘«÷re gonna be able to take advantage of all Peyton‘«÷s talents, and then you need to be a team that doesn‘«÷t have an answer right now....I expect that the move will be a team that just needs that guy, that hasn‘«÷t had that guy, and Peyton will be that guy.‘«ō

He continued, "Coach Shanahan can call plays like no one I‘«÷ve ever seen. He was just amazing in my professional career. So first of all, when you talk about quarterbacks and who could really do something with Peyton Manning, in my mind it‘«÷s Mike Shanahan....It‘«÷s one of those places where it seems like it‘«÷s all in place.‘«ō

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GM Scottyboy had a press conference regarding some moves made by the team...and by himself. Mr. Scotty was around for the conference while fellow GM OsuGiants was out on a mysterious scouting trip, as rumors as heating up with potential moves the defending champions are looking to make.
"We're looking to make some moves here. We love Brandon and are very thankful for his time here, but I could go to a local dance studio and pay a 10 year old ballerina to do what Brandon did 90% of his runs and have it not be over 4 million. We need the cap space, which is unfortunate, but this is a business."- Scotty.

Reports with big moves to come as well, as the trade stove is heating up regarding DE Osi Umenyiora.

The report of Mr. Scotty in the film room...well maybe it was scouting, and when asked, he responded with a smirk and coy response of "Well, the number 27 IS now available..."

We ALL bleed scarlet New York Giants Super Bowl 46 Champs
UNITED: I actually attend the college I root for

Originally posted by PalmerToCJ

BTW, if it's 3rd and 97... I'm throwing a screen pass to Brian Leonard and he will convert.